Test for Relative Maximum and Minimum

question 21

Multiple Choice

Test for relative maximum and minimum. ​ ​

• A)relative maxima when x = 7, y = -8 and x = 7, y = 8; relative minima when x = -7, y = 8 and x = -7, y = -8
• B)relative maximum when x = 7, y = -8; relative minimum when x = -7, y = 8
• C)saddle point when x = -7, y = -8; relative minima when x = 0, y = 0 and x = -7, y = -8
• D)saddle points when x = 7, y = -8 and x = -7, y = 8; relative maximum when x = -7, y = -8; relative minimum when x = 7, y = 8
• E)saddle points when x = 7, y = 8 and x = -7, y = -8; relative maxima when x = 7, y = -8 and x = -7, y = 8

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Definitions:

Market Access

The conditions and barriers that a company faces when trying to enter a new market or industry, including regulatory, policy, and trade barriers.

Targeting Strategy

An approach businesses use to identify and serve specific segments of the market that are most likely to benefit from their products or services.

Market Segments

Subsets of a market composed of individuals or organizations with similar characteristics, needs, or behaviors that a business targets as part of its marketing efforts.

Positioning Strategy

A marketing approach that aims to establish a brand or product in the mind of the target audience in comparison to competitors.